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What is a Notary Signing Agent?

A Notary Signing Agent is a Notary Public who is hired as an independent contractor by a "closing agent" to ensure that real estate loan documents are properly executed by the borrower(s), notarized, and returned for processing.

• This service provides a valuable service to closing agents.
  • Low interest rates make it affordable for closing agents to hire Notary Signing Agents to conduct the signing. 
  • Closing agents have discovered that using Notary Signing Agents can increase their volume of loan closings and reduce settlement costs.
• This service is a huge convenience to borrowers.
  • In a highly personal and sensitive transaction, such as a home purchase, a borrower is likely to be more comfortable executing loan documents in the privacy of a home or office rather than in a closing agent's office. 
  • The borrower does not have to take time off from work, fight traffic, or juggle conflicting commitments. 
  • The Notary Signing Agent provides a valuable service by going to the borrower to execute the loan documents instead of the borrower disrupting work or weekend to travel to a title or escrow office.

Who needs Notary Signing Agent Services?

• Title Companies
• Lenders
• Mortgage Brokers
• Banks
• Savings and Loans
• Real Estate Offices
• Disabled Borrowers

NNA Fee Schedule Reflects Minimum NSAs Should Accept - Notary Signing Agents are hailing the National Notary Association’s introduction of a fee schedule for their services — but they want it made clear that the schedule reflects the minimum they should receive for their services.

$250.7 billion   How much businesses spent on information and communication technology equipment and computer software in 2006 - a 6.3 percent increase from 2005, according to the U.S. Census Bureau.

4.83 million   The total number of Notaries in the United States, based on the NNA's 2007 Notary Census.

$2.1 trillion   The spending power of the nation's 76 million baby boomers, those born between 1946 and 1964, according tot he MetLife Mature Market Institute.

25%   The U.S. unemployment rate during the Great Depression in the 1930's.  In February 2008, it was reported at 4.8 percent.

$652 billion   The amount of money U.S. organizations lost as a result of fraud in 2006.